LONDON: SigmaRoc, the Northern European quoted lime and limestone group, is pleased to announce it has entered into a 10-year ground-breaking strategic alliance with Duo Group to produce and sell sustainable limestone aggregates in the UK market. This 10-year agreement has the potential to generate incremental revenue of over £150 million over the course of…
Altor has acquired F24 AG, a leading European SaaS provider
Hg, the Manager of HgCapital Trust plc, has agreed the sale of F24 AG, a leading European software-as-a-service (SaaS) provider for Business Resilience solutions, to Altor. Altor is a leading private equity firm focused on investing in and developing medium-sized companies. Founded in 2000, F24 supports companies and organisations in more than 100 countries around…
Northamber Plc has acquired Renaissance Contingency Services
LONDON: Northamber Plc (AIM:NAR), a leading value-add AV & IT distributor, has acquired, from Michael Conway and Denis Woods, Renaissance Contingency Services Limited pursuant to a share purchase agreement. Renaissance Contingency Services, which is a company incorporated in Ireland, is a value-add distributor of cyber security solutions and services in Ireland. The total consideration for…
Apax X agrees to sell stake in idealista
LO)NDON: The Apax X Fund, in which Apax Global Alpha Limited (AGA) is a limited partner, has announced the sale of its minority stake in idealista, a leading online real estate classifieds platform in Southern Europe, to Cinven. Including prior distributions, this transaction will deliver a total gross MOIC of 2.1×1 and a gross IRR…
Induction Healthcare Group sells Horizon Strategic Partners for £1.2 million
LONDON, UK: Induction Healthcare Group PLC, a leading digital health platform driving transformation of healthcare systems, has sold its wholly-owned subsidiary, Horizon Strategic Partners Limited (HSP), to Eolas Medical Ltd for a consideration of £1.2 million. HSP is a supplier of a clinical management platform to facilitate the curation, review and dissemination of antimicrobial resistance…
Lendlease Corporation agrees to sell US Military Housing business for $320
SYDNEY: Lendlease Corporation has entered into an agreement with Omaha Beach Investment Holdings, LLC, an entity managed by Guggenheim Partners Investment Management, LLC, for the sale of its US Military Housing business for $480 (US$320) million. The sale represents a significant premium to book value and includes the operating platform of the business along with…
The Rise of Banking-as-a-Service (BaaS) Platforms: Transforming Financial Services
Banking-as-a-Service (BaaS) platforms have rapidly transformed the financial landscape by integrating banking services directly into non-banking businesses and applications
Axiom Properties Limited has acquired ListSure for $2 million
Sydney, Australia: Axiom Properties Limited (ASX:AXI) has acquired all of the issued capital in ListSure Pty Ltd, an innovative and regulated real estate funding solutions business. The acquisition cost is $2.0 million. Axiom Managing Director Ben Laurance said, “We see this ListSure acquisition, with its best-in-class, proprietary technology platform and credit-decisioning capability, as a key…
Excite Technology Services acquires CBIT Digital Forensic Services
SYDNEY, AUSTRALIA: Excite Technology Services Limited has signed a binding term sheet to acquire 100% of the issued capital of CBIT Pty Limited and related entities, known together as CBIT Digital Forensic Services (CDFS). The acquisition will be subject to completion of successful due diligence along with ASX and shareholder approvals. Excite CEO, Bryan Saba…
Marwyn Acquisition Company II to acquire InvestAcc Group for £41.5 million
MAC II UK Limited, has entered into binding agreements to acquire 100 per cent of the issued share capital of InvestAcc Group Limited, a leading pensions services provider for £41.5 million
Keras Resources announces hot commissioning of integrated delta processing plant
LONDON: Keras Resources plc (AIM: KRS) announced the commencement of hot commissioning of its Integrated Granulator Plant at its newly acquired Delta processing facility. Hot commissioning tests each plant component under progressively increasing load conditions until design capacity is reached. The 5 ton per hour “(tph”) nameplate capacity Granulator Plant circuit incorporates a high-pressure grinding…
Judges Scientific subsidiary Geotek has acquired Rockwash Geodata Ltd
LONDON: Judges Scientific, a group focused on acquiring and developing companies in the scientific instrument sector, announces that its subsidiary Geotek Limited has acquired 100% of the issued share capital of Rockwash Geodata Ltd, a company specialising in rock cuttings and chippings digitalisation. The Board expects the acquisition to be strongly synergistic with the core…